10 Incredible Benefits of Solar Energy

Everywhere you look, companies are going green. Even people are making more of an effort to live organically to reduce the waste of plastic, the use of oil and pollution on Earth.

As each year passes, our generation is getting closer to that “future” people in the past had that picture of. We may not have flying cars (yet), but we are getting better at utilizing our technology.

Solar energy has so many great benefits for your home, business, and the Earth it’s hard not to think of a reason to invest in it. If you’re still not sure, here’s a list of 10 incredible benefits of solar energy. Continue reading to learn more about it!

1. Money Saving

Did you know adding solar panels to your house or business can save you more than $100 a month? With an investment of over 20 years, you will save upwards of $30,000. With purchase power agreements (PPAs) well under way, home and business owners can now install solar panels for little to no money down.

Annually, people spend about $3,000 on both transportation and home energy. Adding solar panels will reduce or even eliminate your energy cost. Not only does installing a solar panel help with monthly bills, but they also extend the life of your roof by protecting it from weather elements and other debris.

2. Home Value

Though installation fees can be expensive, solar panels increase your home resale value. Most buyers will only see the benefits since it’s already installed in the home. Sellers often see a resale value of about $5,900 increase per installed kilowatt.

A home with solar panels attracts more attention from buyers on the market, almost as much as those with low property taxes. Overall, these homes sell for 17% more money and 20% faster than homes that don’t have them.

3. Performance

Solar panels can last for 30 – 40 years, however most manufacturers give a warranty for 20 – 25 years. After 25 years, the standard guarantees an 80% performance rate.

4. Environmental Friendly

One of the biggest benefits of solar power is that it helps the environment. Having solar panels will counteract about 100,000 pounds of carbon dioxide in 20 years, which is equal to that of driving a car for 100,000 miles.

Solar panels absorb energy from the sun, creating pure and clean energy. This helps eliminate greenhouse gas emissions and reduces our dependence on fossil fuels. Air pollution is also reduced when coal and natural gas plants aren’t being sourced.

When producing fossil fuels, we use water sources, which creates a lot of water pollution as well. Solar energy uses little to no water, which leaves more water supply untouched. Solar panels can work during droughts or heat waves whereas other electricity sources need water for cooling to use.

Ultimately, we will run out of coal, oil, and natural gases. Not only are these resources incredibly expensive, but they are also dangerous. Going solar is a big step in the right direction to saving the Earth and even helping ourselves.

5. Grid Security

Right now, areas are vulnerable to losing power during natural storms, a downed power line, and even power overloads.

If there are numerous grids that are spread out, they become less vulnerable. Grids with high penetration of solar energy have hundreds or thousands of energy production centers that are spread out. In case of natural or human-caused disasters and overloads, this helps protect the grid.

6. Job Creation

There can never be enough jobs, and installing solar power just adds more in clean energy. Not only are jobs created, but installing solar panels also has positive effects on the local community and boosts the economy.

7. Energy

If you don’t know how solar energy works by now, we’ll spell it out for you: the panels absorb the sun rays and creates usable energy without creating energy consumption.

During the Spring, your panels will consume more than you’re likely to generate; when this happens, you can trade that energy with your utility provider. During a cloudy day or when you need to run your air conditioning, you can draw energy from the closest grid.

You can still enjoy solar power advantages even if you live somewhere not-so-sunny. Solar panels continue to pull energy even when the weather is cloudy or raining by indirect or diffused sunlight.

8. Investment

Between the home value and money saving you’ll see, the investment in solar power is quite obvious. Manufacturers can easily calculate how much electricity your home will generate and at what price for the next two decades.

9. Tax and Rebates

Did you know you could get paid for investing in solar panels? Maybe not in the way you’re thinking, but in taxes and rebates.

When you file your federal income taxes for the year you’ll receive 30% of total system costs back from equipment and installation as a federal income tax credit. We did the math: if your solar system was worth $25,000, you’ll save $7,500. Those who invest in the Solar Renewable Energy Credits will definitely be seeing some price cuts.

10. Availability

When it comes down to it, solar power is available anywhere the sun is, which is one of the many solar power advantages. Those who live in remote areas can now gain access to electricity. This alone can improve millions of peoples lives around the world.

Benefits of Solar Energy

Between the energy saving, money saving, and environmental benefits it’s hard not to consider investing in solar power. Not only will your home or business be creating more jobs, but it will also add value to your property.

We know it’s expensive. When you look at the big picture, it can be a little overwhelming. However, once you do the research (which we’ve done for you) it’s easy to see how many benefits of solar energy you’ll get.